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CE EL - CO - - CO - CO - 10 -- al - - - - CO le D co 1 The following information

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CE EL - CO - - CO - CO - 10 -- al - - - - CO le D co 1 The following information applies to the questions displayed below.) Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $69.000 cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock 2 The company rented office space and paid $1,900 cash for the December rent. 3 The company purchased $13,200 of electrical equipment by paying $5,000 cash and agreeing to pay the $8,200 balance in 30 days 5 The company purchased office supplies by paying $1,000 cash. 6 The company completed electrical work and immediately collected $1.500 cash for these services, 8 The company purchased $2,960 of office equipment on credit 15 The company completed electrical work on credit in the amount of $4,500 18 The company purchased $500 of office supplies on credit. 20 The company paid $2,960 cash for the office equipment purchased on December 8. 24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. 28 The company received $4,500 cash for the work completed on December 15 29 The company paid the assistant's salary of $2,000 cash for this month. 30 The company paid $520 cash for this month's utility bill. 31 The company paid $970 cash in dividends to the owner (sole shareholder). Equity Assets Office Supplies Date Cash Accounts Recolvable Office Equipment Electrical Equipment Liabilities Accounts Payable Common Stoc+ Dividends Revenues Expenses Dec 1 + + + + + + + - + 2 Bal 0 O + 0 0 - 0 0 + D 0 + 0 0 C + + + + + Bal 0+ 0 + + 0 + O 0 = 0 0 - +0 0 - 0 5 + + + + Bal 0 + 0 +10 + 0 0 + 0+ O- 0 0 0 9 + - - - + 0 + Bal 0 + 10 0 0 = 0+ 0- 0 + -0 0 B + + - 0+ 0+ O 0 0 0 O Bal 0+ 0 0 + 15 O 0+ O 0 0 0 0 - 0 0 O + - 18 + 0 0 + Ba 0 0 + 0 - O 0 0 - - 0 0 + + 201 + + 0 0 0 - O 0 - 0 . 0 0. D +0 Bal 24 . . O O 0 0 0 + 0 0 0 Bol 0 + O . + 28 . . 0 0 0. O 0+ 0 - 0- + 0 O 0 - + + + Bal 29 Bal 30 0 O O 0+ 0 0 0- 0+ D + + + . + +

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